Nilfisk Organic Growth Jumped to 38.5% in Q2 vs 11.9% in Q1

• (PLX AI) - Nilfisk organic growth jumped to 38.5% in Q2 from 11.9% in the previous quarter as demand was strong, the company said.
• • Most regions and segments contributed to the strong performance
• • Says growth is result of a broad-based market recovery combined with the successful activation of several business initiatives
• • Reiterates outlook from July 13, with FY adjusted EBITDA margin 13-15% and organic growth 12-16%. but says expects it to materialize in the upper end of the range
• • Says ongoing impact of supply chain constraints affecting almost every industry in the world, with substantially higher material and freight costs